International Journal of Learning and Intellectual Capital (5 papers in press)
Resilience: resources and strategies of SMEs in a new theoretical framework
by Fernando G. Alberti, Stefania Ferrario, Emanuele Pizzurno
Abstract: The issue of the ability to survive and successfully compete in a turbulent business environment (i.e., resilience) is becoming more and more noteworthy within entrepreneurial, managerial and strategic studies (Pal et al., 2014; Linnenluecke, 2017). Although small and medium-sized enterprises (SMEs) are defined the backbone of the economy in many countries (Cowling et al., 2015) these are less studied from the resilience angle. While there exists in literature a strong focal point around which definitions and theory building are constructed, there is a lack of empirically testing and demonstrating of such theories. There is little empirical evidence on how organisations, especially SMEs, may achieve degrees of resilience. Thus the purpose of this paper is to skim among all the key enablers that emerge from literature and identify strategic and managerial features that more likely could support SMEs to obtain a certain level of resilience.
Keywords: resilience; SME; Italy; knowledge; resources; competitiveness; resource-based view of the firm.
The effect of intellectual capital on the relationship between the governance structures of directors board of listed companies in Tehran Stock Exchange
by Mohammad Esmaeili, Mojtaba Salehi, Mohammad Ahmadi
Abstract: Intellectual capital of firms is the combination of human, structural,
and physical capital. Therefore, having control over these assets enable the
organisation to have effective internal governance and also a successful foreign
relation with customers, suppliers and others. This study has investigated the
effect of intellectual capital on the relationship between structural governing of
board governance and perceived firms financial performance in Tehran stock
exchange in the years 20092011. The present study is applied research.
Eviews 7 software is used for calculation and analysis of collected data. The
results showed that governing structure of the board governance has a positive
significant relationship on intellectual capital. Also, intellectual capital has a
positive significance on the relationship between governing structures of board
governance and perceived firms performance in Tehran stock exchange. So,
with an emphasis on size, combination, and rate of board independence can
significantly increase intellectual capital ratio and consequently the firms
Keywords: Intellectual capital; board governance; directors board; Tehran Stock Exchange.
The importance of working environment disclosures in Indonesian financial industry: an application of Indonesian intellectual capital disclosures framework
by Martin Surya Mulyadi, Yunita Anwar, Rosinta Ria Panggabean
Abstract: The national intellectual capital of Indonesia was the worst among
five major Southeast Asian countries (Lin et al., 2014). To overcome this issue,
President Joko Widodo provides his direction and commitment to the
development of human capital in Indonesia (World Economic Forum, 2015).
This research examines whether Indonesian listed companies in the financial
industry follows Presidents direction to focus on human capital. The financial
industry is used as a research sample due to its exemplary disclosure practices
in Indonesia. Furthermore, this research employs the Indonesian intellectual
capital disclosures framework developed by Mulyadi et al. (2017) to analyse IC
disclosures in the industry. This framework consists of the working
environment, intangible assets, and customer relations. Working environment
largely consists of human capital, and this research reveals that working
environment was the most disclosed IC category in Indonesian financial
industry in 2015.
Keywords: intellectual capital; intellectual capital disclosures; the Indonesian intellectual capital disclosures framework; working environment.
THE NEED FOR LIFELONG LEARNING
by Luke Gerard Christie, Gajendra Kumar
Abstract: The more we learn and acquire knowledge, the more empowered and
better would our life become. In more than one scenario, people who upgraded
themselves or were more knowledgeable came off as being resilient, innovative
with the attitude of being socially and emotionally resilient. The more learning
becomes part of our daily life and curious we are, life becomes more gratifying
and energetic for achieving ones dreams and goals. Acquisition of more
knowledge helps in solving problems effectively with an efficient and
innovative bent of mind. The desire to make learning a life-long activity and a
continuous process helps create value and add value to what we do or in living
life to the fullest and in reaching out to others with integrity and in principle.
Life has to be lived not as a monotonous activity but has to be experienced
from within and learning creates that path.
Keywords: learning; better memory; leadership; education; excitement; innovative thinking; critical thinking; positive mindset.
Corporate Governance and Intellectual Capital Disclosure: Evidence from the Scandinavian Countries
by Belle Selene Xia, Ignace De Beelde
Abstract: In the modern society intellectual capital (IC) disclosure offers valuable insights on the information transparency between the organisation and its stakeholders. The purpose of the present study is to analyse the determinants of IC disclosure based on the firm data collected from the Scandinavian countries. We have chosen to analyse 123 annual reports in the local language for the period of 2008 to 2012. The annual reports act as one of the best sources of data revealing important information about firms that are beyond the reporting requirements of the accounting regulations. This paper combines the empirical research of IC disclosure with the previous literature to identify its strategic implications on corporate governance. The aim is to examine the relationship between firm size, leverage ratio, information asymmetry and industry-specific factors on the level of IC disclosure. Our results call the potential need for more IC disclosure.
Keywords: intellectual capital reporting; organisational learning; intangible resources; competitive strategy.